Compute the coefficient of variations for salaries

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The annual salaries of a employees who work for a company have a mean of $62,250 and a standard deviation of 9,820. The years of experience for the same employees have a mean of 18 years and a standard deviation of 2.5 years. Is the relative variation in the salaries larger than that in the years of experience for these employees? Compute the Coefficient of variations for salaries and years of experience. Which is more valuable?

Reference no: EM13736968

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